IBM reported third quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.
Amazon Web Services said on Wednesday that Old Mutual has struck a wide-ranging deal with the South African financial services group to shift a large portion of its IT workload to the cloud.
US enterprise software giant Oracle has listed South Africa as one of the countries where it plans to invest in cloud data centre facilities before the end of next year.
Oracle has unveiled an operating system that runs without the need for human oversight, part of a raft of new software tools meant to ease the company’s rocky transition to cloud computing.
Nedbank has partnered with Microsoft to migrate components of its IT infrastructure into the cloud, the financial services company said on Monday.
South Africa is expected to be the fourth fastest-growing major IT market in the world in 2019, according to new research from consultancy Gartner.
Microsoft topped quarterly sales and profit projections, fuelled by steady demand for cloud computing services and a surprisingly strong Windows business.
SAP fell the most in nearly five years on signs that its $10-billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow.
The sector’s giants are under scrutiny.